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Fintech Select Ltd. V.FTEC

Alternate Symbol(s):  SLXXF

Fintech Select is a provider of pre-paid card programs, an online payment platform, and a POS cryptocurrency platform that all are in-house developed platforms. The company also operates a multi-lingual call centre that provides services to customers across all its platforms, and to third-party customers. These core assets have been unified and enabled to operate through separate divisions, all harmoniously working together to create a new environment for consumers and businesses alike.


TSXV:FTEC - Post by User

Bullboard Posts
Post by bullrider2012on Sep 28, 2012 9:09am
221 Views
Post# 20423936

teddyo

teddyo

I really doubt Q3 numbers will be anything but a huge loss.  Financing and biz development costs will be huge and management only now announces they need to cut costs.  Too little too late. 

 

So the only hope is that a huge contract is announced.  Unfortunately management can't just make up contracts.  They may be working on little things here and there but in my scan of public tenders like the City of Toronto's there is nothing happening until 2013.  December could be a bloodbath with Q3 numbers released Nov 30 and tax loss selling. 

None of this is nostradomus type predictions.  Just based on facts.

Bullboard Posts